Looking to buy gold? You’ve made the right decision!
You don’t have to be a doom-and-gloomer or a conspiracy theorist to buy gold bars or coins. I can tell you that even many gold critics, including some government officials, own gold—if for no other reason than diversification.
It makes sense to hold some of mankind’s oldest monetary asset in your portfolio. After all, how many stocks have survived for thousands of years? None, and neither has any one currency.
Not only that, owning an asset uncorrelated to stocks and bonds can protect you from huge losses in an economic downturn.
And because it’s a hard asset—rather than a paper promise—no one’s ever going to default on your investment.
So the question isn’t really whether to buy gold, but rather where and how to buy gold.Read More